The depreciation method using a fixed rate applied to the undepreciated cost of the asset each year, resulting in successively smaller depreciation charges as the undepreciated cost diminishes year by year is called the
a. declining-balance method.
b. sum-of-the-years'-digit method.
c. units-of-production method.
d. straight-line method.
a
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The scope of a business message includes what?
A) Background information on the topic B) A determination of relevant information to be included in the message C) The format for producing the message D) A list of all those who will be receiving the message E) A list of key terminology
.Product unit costs computed using activity-based costing compared to product unit costs computed using a traditional costing approach will
A) sometimes be the same. B) always be higher. C) always be the same. D) always be lower.
The U.S. macroculture establishes standards of ethical/unethical behavior
Indicate whether the statement is true or false.
Kermit Wong invents a new type of computer even smaller than a calculator and patents the invention. A large U.S. computer company buys the rights and makes the units at its California plant, whence it ships them across North America
Kermit realizes that he could make them more cheaply, but the computer company refuses to give him a licence to do so in Canada. Which of the following is true? A) Kermit can apply for a compulsory licence and the government will permit him to make and sell the units in Canada. B) There is nothing Kermit can do C) Kermit can apply but will be unsuccessful in obtaining a compulsory licence because the patent holder is using the patent. D) Kermit can apply but will be unsuccessful because compulsory licensing only applies to drugs. E) Kermit can apply but will be unsuccessful in obtaining a compulsory licence because the patent holder is selling the computer in Canada.